188
188
tv
eye 188
favorite 0
quote 0
tax dead? we'll see. forbes doesn't think so. there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains trading lower. i think it was 79 times. health care and industrials were today's top performing sectors and telecomo lagged. the euro extending the gains versus the dollar, rallying to a near seven week high against the green back after greece announced its debt buy back terms. euro rose to a $1131. that's high historically. action in the metals. silver, platinum, all sinking more than 1%. silver was today's biggest loser dropping nearly p 3% to settle at $32.81 an ounce. david: markets hopping, but the next trader says investor participation is shifting. in chicago, larry, the key question here is what happens when the market gets off its hind legs and moves? move up or down? >> it all depen
tax dead? we'll see. forbes doesn't think so. there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains trading lower. i think it was 79 times. health care and industrials were today's top performing sectors and telecomo lagged. the euro extending the gains versus the dollar, rallying to a near...
129
129
tv
eye 129
favorite 0
quote 0
this is his principles for tax reform from his budget in 2011. lower tax rates. the tax system should be simplified and work for all americans with lower individual and corporate tax rates and fewer brackets. again, that is the compromise we're all looking for, quickly. >> well it is absolutely but let me take you back to where you started. that is we have the big increases in spending that seem to be in the budget right now. that is where really the other side on this debate wants to go. increase spending. they need increased revenues. why not go over the fiscal cliff where you get both of those? i think that's where we are headed, david, unfortunately. david: bill beach, director of heriiage foundation director of for analysis. good to see you again. liz: right before the holidays, citi cutting costs and 11,000 jobs with it. that number could go up even more. liz macdonald has all the breaking details exclusively here on fox business. but when i was in an accident... i was worried the health care syst spoke a language all its own with unitedhealthcare, i got he
this is his principles for tax reform from his budget in 2011. lower tax rates. the tax system should be simplified and work for all americans with lower individual and corporate tax rates and fewer brackets. again, that is the compromise we're all looking for, quickly. >> well it is absolutely but let me take you back to where you started. that is we have the big increases in spending that seem to be in the budget right now. that is where really the other side on this debate wants to go....
80
80
tv
eye 80
favorite 0
quote 0
plan and highlight what they call his small business tax hike. president obama spent his afternoon in northern virginia again pushing his case for raising taxes on families earning more than $250,000 a year. >> i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> so i think it's safe to say at this point that the president actually isn't interested in a balanced agreement, he's not particularly interested in avoiding the fiscal cliff, and he's clearly not interested at all in cutting any spending. >> reporter: while democrats and republicans debate the size and specifics on tax increases, the two sides also remain apart on spending cuts, reforming entitlement programs like medicare and on the president's request to have greater power to raise the country's debt limit. but the news coming out of this one, "wall street journal" headlines saying that sta
plan and highlight what they call his small business tax hike. president obama spent his afternoon in northern virginia again pushing his case for raising taxes on families earning more than $250,000 a year. >> i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> so i think it's safe to...
139
139
Dec 10, 2012
12/12
by
FBC
tv
eye 139
favorite 0
quote 0
which could be accomplished without hiking taxes tax rates. this could simply be accomplished by eliminating loopholes, eliminating some deductions and engaging in a tax reform process that could have lower rates generally by broadening the base. david: if i were to hear that today i would say there is the compromise, they did it. but that was a year ago, what happened? >> those we talke who talks ford bargain. the president is demanding 1.6 trillion in new revenues. call me crazy but sometimes politicians from both parties say one thing one time and then i sa said something different another time. different circumstances. liz: there is the sound bite. why not just do that, which is what we had. right? >> lot of analyst think that is where they will end up. david: you go out shopping for a car and you don't take a deal and a year later he said i will take that deal. note: i have to pay $1000 more. good to see you, thank you. while the investor world is watching the clock takedown, peter schiff said surreal cliff is not december 21, he will tel
which could be accomplished without hiking taxes tax rates. this could simply be accomplished by eliminating loopholes, eliminating some deductions and engaging in a tax reform process that could have lower rates generally by broadening the base. david: if i were to hear that today i would say there is the compromise, they did it. but that was a year ago, what happened? >> those we talke who talks ford bargain. the president is demanding 1.6 trillion in new revenues. call me crazy but...